How to buy Carter Bankshares stock

Carter Bankshares, Inc is a banks-regional business based in the US. Carter Bankshares shares (CARE) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in Carter Bankshares

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Carter Bankshares. Find the stock by name or ticker symbol: CARE. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Carter Bankshares reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Carter Bankshares, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Carter Bankshares. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Carter Bankshares share price

Use our graph to track the performance of CARE stocks over time.

Carter Bankshares shares at a glance

• Key figures

Information last updated 2021-02-24.

52-week range	USD$6.3 - USD$18.49
50-day moving average	USD$11.1064
200-day moving average	USD$8.7591
Wall St. target price	USD$13.33
PE ratio	8.9351
Dividend yield	USD$0 (0%)
Earnings per share (TTM)	USD$0.762

Buy Carter Bankshares shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

*Signup bonus information updated weekly.

Is it a good time to buy Carter Bankshares stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Carter Bankshares, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Carter Bankshares financials

Revenue TTM	USD$112.5 million
Operating margin TTM	19.12%
Gross profit TTM	USD$112.5 million
Return on assets TTM	-1.12%
Return on equity TTM	-10.04%
Profit margin	-40.76%
Book value	$16.683
Market capitalisation	USD$319 million

TTM: trailing 12 months

Shorting Carter Bankshares shares

There are currently 237,341 Carter Bankshares shares held short by investors – that's known as Carter Bankshares's "short interest". This figure is 9.4% up from 216,860 last month.

There are a few different ways that this level of interest in shorting Carter Bankshares shares can be evaluated.

Carter Bankshares's "short interest ratio" (SIR)

Carter Bankshares's "short interest ratio" (SIR) is the quantity of Carter Bankshares shares currently shorted divided by the average quantity of Carter Bankshares shares traded daily (recently around 53096.420581655). Carter Bankshares's SIR currently stands at 4.47. In other words for every 100,000 Carter Bankshares shares traded daily on the market, roughly 4470 shares are currently held short.

However Carter Bankshares's short interest can also be evaluated against the total number of Carter Bankshares shares, or, against the total number of tradable Carter Bankshares shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Carter Bankshares's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Carter Bankshares shares in existence, roughly 10 shares are currently held short) or 0.0096% of the tradable shares (for every 100,000 tradable Carter Bankshares shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Carter Bankshares.

Find out more about how you can short Carter Bankshares stock.

Carter Bankshares share price volatility

Over the last 12 months, Carter Bankshares's shares have ranged in value from as little as $6.3 up to $18.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Carter Bankshares's is 1.3837. This would suggest that Carter Bankshares's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Carter Bankshares overview

Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various banking products and services. It accepts various deposit products, including checking, savings, retirement, and money market accounts, as well as longer-term certificates of deposits. The company also offers commercial loans comprising secured and unsecured loans; consumer loans, such as secured and unsecured loans for financing automobiles, home improvements, education, and personal investment; real estate construction and acquisition loans; and home equity lines of credit, as well as originates and holds fixed and variable rate mortgage loans. In addition, it provides other banking services that include safe deposit boxes, direct deposit of payroll and social security checks, online banking, bill pay, mobile banking, debit cards, e-statements, and automated drafts for various accounts; insurance products; and treasury services. As of November 23, 2020, the company had 92 branches in Virginia and North Carolina. The company was founded in 1974 and is headquartered in Martinsville, Virginia.

Frequently asked questions

• What percentage of Carter Bankshares is owned by insiders or institutions?

  Currently 6.687% of Carter Bankshares shares are held by insiders and 32.42% by institutions.

• When does the fiscal year end for Carter Bankshares?

  Carter Bankshares's fiscal year ends in December.

• Where is Carter Bankshares based?

  Carter Bankshares's address is: 1300 Kings Mountain Road, Martinsville, VA, United States, 24112

• What is Carter Bankshares's ISIN number?

  Carter Bankshares's international securities identification number is: US1461021081

• What is Carter Bankshares's CUSIP number?

  Carter Bankshares's Committee on Uniform Securities Identification Procedures number is: 146102108